Bill, what I say next is the kind of talk that causes others to back away
from me, as it puts a cold chill into the air.
I have available to me resources to obtain information, all legal and not
used by many and not knowned by many. I looked at you and I trust you.
Those enemies of MGR you spoke of as listening by reading this thread,
may not wish to hurt MGR, but to only protect themselves, and to be more
specific, MGR has taken the posture from the start that MAC must be held
accountable to their misdeeds. That was good, but now all those presently
involved have to make decisions that will be strongly influenced by stuff
that is not part of the dry facts.
One possibility is that the Mongolia court understands that MAC has done
wrong, and that MGR is correct in its stand.
If MGR was a Mongolian company I see normal back and forth stuff,
but here is a court asking it to punish "its own" for the wishes of
another countries company. Protect your own has a long history.
If your brother or son did wrong, you will help to protect him as step 1.
To me Dave Webb and the MGR board of directors can settle this MAC and
Bank situation in Mongolia if the words hide, secret, no trust, enemy
are replaced with an understanding that certain things cannot happen,
and then agree on things so that MGR and MAC and the bank are not hurt
in ways that are not acceptable in an off the record type acknowlement.
We remember how the IPM company sucked dry the shareholders money for
employees paychecks by keeping the company going without a successful
ending possible. This MGR is different in that Dave Webb has the goal
to take MGR to a very sucessful level, even if it means he gambles with the shareholders investment.
You say you trust Dave Webb, and so do I believe that Dave Webb is doing
everything to make MGR a big success. I believe that Dave Webb will not
accept anything except total success for MGR, even if it means that he
will take MGR to a collapse. Does Dave Webb understand this, if true,
I will answer that he reads these words and has an understanding of there
meaning, but it has no connection to him because he will not let it.
I must be clear on one comparision here that I made with MGR and the
company IPM. MGR has the ability to continue with Dave Webb and be
sucessful, and in my opinion the best chance is at 1/2 what currently
Dave Webb wants. I also put the board of directors as being equal to
Dave Webb in thought, eventho Dave Webb is the strong leader.
So my comparision with the company IPM is not the same in that those
who ran IPM as employees were not those responsible directly for its
collapse into chapter 11. The IPM company is really a story of the
Arizona desert dirt area called Black Rock, which contains precious metals,
and the dirt of Black Rock was put on "hold" for a later use thru the IPM company. The shareholders of IPM payed for this "hold", as was the
plan, and the plan had the IPM shareholders receive zero at the end
of the "hold".
There is none of that here with MGR.
Doug |
